Wi-Fi Customer Premises Equipment Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2028
Wi-Fi Customer Premises Equipment Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2028
Report Digest
Wi-Fi Customer Premises Equipment Market: Overview
Growing digitalization and rising need for technologies such as internet of things (IoT) and 5G entering the digital world are expected to drive the global Wi-Fi customer premises equipment market. Additionally, rising demand for smart phones and adoption of smart devices, smart cities are paving the way for growth avenues in the wifi customer premises equipment market.
Cisco & Google Collaboration to Boost Market
Cisco and Google are collaborating to provide high speed internet at public places in India. The operations have already commenced in major cities and 200 locations are already Wi-Fi enabled. Such transformational shift across all the countries and states may contribute towards the expansion of the global Wi-Fi customer premises equipment market.
Wi- Fi Certified 6 Technologies to Provide Impetus to Global Wi-Fi Customer Premises Market
The advent of Wi-Fi 6 certified technologies is all set to enter the market with device based IEEE 802 . 11 ax technology.
- The device is expected to meet the industry standards of security and interoperability.
- The network certification is expected to offer wide coverage and optimal efficiency in crowded environment.
- The certification technology will provide enhanced integration with other devices and also result in enhanced power efficiency. This is expected to give a next generation experience to users.
- Additionally, it is likely to provide better battery performance in all the devices such internet of things.
All the above features of upcoming technology is projected to contribute towards the growth in the global Wi-Fi customer premises penetration market in the upcoming years.
As the need for simplified network administration escalates for residential as well as commercial applications, indoor or outdoor, that can be efficiently and flexibly handled by a commodity operator, it is most likely that Wi-Fi customer premises equipment would witness higher traction in coming years.
With growing demand for mobility and increasing significance of virtual networking infrastructure, Wi-Fi customer premises equipment (CPE) is likely to sustain steady adoption over the foreseeable future. Enhanced physical networking, subsequently resulting in the ascending availability of sharable virtual resources, is projected to support the growth of Wi-Fi customer premises equipment market.
With 5G technology holding the promise to govern the telecom world over the course of next few years, the key companies involved in Wi-Fi customer premises equipment are also providing ground for 5G devices, i.e. 5G compatible customer premises equipment.
5G Takes the Front Seat in Wi-Fi Customer Premises Equipment Market
- One of the earliest developed 5G devices includes the Wi-Fi customer premises equipment launched by Samsung Electronics Co. Ltd. – specifically for Verizon Communications Inc.
- At MWC (Mobile World Congress) 2018, Huawei Technologies Co., Ltd. made an announcement regarding the launch of their first-ever 5G Wi-Fi customer premises equipment. The company recently launched an advanced trial of the 5G Wi-Fi customer premises equipment in Vancouver, which is projected to potentially lead to reduced costs of 5G in coming years. In a strategic partnership with Canada-based Telus, Huawei intends to slash down 5G costs for operators that will subsequently increase its accessibility for customers. With an ultimate objective to create a last-mile alternative to fiber in form of high-speed Wi-Fi 5G customer premises equipment, Huawei is expected to extend this solution Beyond customers and operators - to governments for Big Data and smart city applications.
- Optus, Australia’s telecom giant, recently announced the plan of launching the 5G fixed wireless CPE soon, this year. While the company has already successfully accomplished a (test) 5G data call from their Canberra-based site, it is claimed that the call is the first-of-its-kind in the country, at a channel bandwidth of 60 MHz on a 5G device and Optus’ live network. Optus, for this project, had partnered with Nokia - the latter was majorly involved in the development of the Wi-Fi customer premises equipment and the 5G radio network.
Apart from Huawei Technologies, some more recognized companies are operating in the global WiFi customer premises equipment market, including AT&T, Qosmos, Ericsson, Verizon Wireless, Orange Business Services, Cisco Systems, Barcode Communications System, Dell, IBM, and, Intel Corporation.
Network Providers Partaking in the Mass Shift to Wi-Fi Customer Premises Equipment
Wireless network operators continue to face the growing customer dependency on advanced featured Wi-Fi network with high transmit power, without compromising on economic costs. Wireless customer premises equipment (CPE) has been a versatile wireless device solution for outdoor as well as indoor network connectivity demands. Increasing adoption of Wi-Fi customer premises equipment by households, commercial WISP providers and Wi-Fi installers, educational institutes, transportation terminals, convention centers, recreation areas and theme parks, and government facilities.
A substantial revenue share of the total sales of customer premises equipment is already taken up by Wi-Fi customer premises equipment. Further, a rapid mass shift of network service providers to integrated devices with an objective to regulate user experience is pointing to the increasing preference for Wi-Fi customer premises equipment in coming years.
Taxonomy: Global Wi-Fi Customer Premises Equipment Market
The global Wi-Fi customer premises equipment market has been categorized on the basis of type of application and geography.
Wi-Fi Customer Premises Equipment Market Segmentation by Application -
- Residential
- Enterprises/Commercial
The study presents a granular assessment and quantitative evaluation of:
- Key growth factors and prominent trends
- Size and share of key segments in overall market
- Key challenges and winning imperatives
- Factors shaping competitive landscape
- Insights into how contours of market will change in coming years
- Technological advances
- New avenues and imminent investment pockets
- Regulatory landscape shaping current and future strategies of companies
The region-wise assessment includes market dynamics in:
- North America
- Asia Pacific
- Europe
- Latin America
- The Middle East and Africa
The study is prepared with the help of an extensive primary and secondary research. Primary research includes but not limited to interactions, interviews, surveys, and events. Opinions of policy makers and industry experts are carefully integrated into the insights to complement primary research. Volumes of secondary data gleaned through renowned paid sources, annual statements, reputed journals, and government documents offer insights into current dynamics and key evolution trajectories the market is likely to assume. The research employs various industry-wide analytics methods and well-established methodologies to ascertain the attractiveness of key segments. Further, it evaluates the lucrativeness of key regions and factors underlying their maturity. The insights notably include a detailed analysis of forces behind vendor differentiation and offers insight into investment-decision making by prominent players.
The report strives to enlighten businesses and industry stakeholders on multiple facets of the growth dynamic of the market, the key of which include answers to:
- Which key factors will shape the competitive landscape?
- Which trends will stimulate research and development activities in different geographies?
- Which are the lucrative growth areas and what is the size of potential they are likely contribute to the overall market?
- Which disruptions in market growth are likely to come with the new business models?
- Which are some of the recent overhauls in policies that may change the course of the market significantly?
- Which are the geographies that will form sizable sources of new streams to new and established players alike?
- How are top players likely to realign their strategy to counter the forces of competition?
- Which key strategies emerging players are likely to focus on to consolidate their position?
- Which changes in end-user preferences might affect the status quo held by the leading players?
- Which are some of the game-changing innovations influencing the projected share and revenue of the market and its segments?
Note: Utmost care has invariably been taken to present data and arrive at statistics at all the TMR Research reports. Meanwhile, some recent developments and new industry trends may take time to be included in the reports.
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